You are now able to pay for drinks, food and much more, with cryptocurrency.
This is thanks to a new partnership between Bitcoin Latinum and global hospitality players, The h.wood Group.
According to a statement announcing the deal, this partnership includes “cross-promotional marketing initiatives, event sponsorships, endorsements, and the acceptance of Bitcoin Latinum for services, products, and amenities across The h.wood Group’s diversified portfolio of upscale nightlife and restaurant venues.”
The h.wood Group is known for their worldwide portfolio of hotels and upscale nightlife and restaurant venues. Set up by entrepreneurs, John Terzian and Brian Toll, this partnership is viewed as a progressive step by the brand.
Mr Terzian discussed this, stating: “As entrepreneurs, Brian and I have always looked into the future rather than get stuck in old ways. We are constantly watching, learning and adapting. Crypto and blockchain are the future in many ways and we want The h.wood Group to be ahead of the curve. We are excited for this endeavor with Bitcoin Latinum.”
As an enhanced Bitcoin fork, Bitcoin Latinum has already garnered support from companies within the media, entertainment, gaming, and telecommunications industries. It is designed to reduce the cost of a crypto transaction.
The h.wood Group is also accepting Bitcoin and Ethereum tokens for specified services and goods across their group’s portfolio.